Similarly, India, home to the world's second largest population, has liberalised and globalised its economy, moving more and more people from poverty to prosperity. India's prosperity growth accounted for 20 percent of the growth in global prosperity over the past decade.
India and China have developed very different prosperity profiles, and both face problems. China's Governance and Personal Freedom performance is weak. India, the world's largest democracy, faces different problems, namely in Education and Health. This explains why both still have some way to go to reach European or American prosperity levels. Still, their progress to date is responsible for much of the improvement in prosperity the world has seen.